SR-901-001-06
RMD:BM:JR:F:RESOURCE/STAFFREPORTS/1828 Ocean Avenue.doc
Council Meeting: December 11,2001 Santa Monica, California
To: Mayor and City Council
From: City Staff
Subject: Authorization to Negotiate Terms and Conditions for Acquisition of Real
Property Located at 1828 Ocean Avenue
Introduction
City Council authorization is sought to begin preliminary negotiations of possible terms
and conditions for acquisition of the real property located at 1828 Ocean Avenue
(?Subject Property?).
Discussion
Located at the northwest corner of Ocean Avenue and Pico Boulevard, the 44,700
square feet Subject Property is located in the Residential-Visitor Commercial (RVC)
District. Negotiations for acquisition of the Subject Property could include terms of a
possible trade or sale of the City-owned property (?City Property?) located at 1920
Ocean Avenue, adjacent to the Casa del Mar Hotel. The City Property consists of
23,200 square feet and is zoned R4.
Recommendation
It is recommended that City Council authorize staff to open preliminary discussions with
the owners or representatives of the real property located at 1828 Ocean Avenue for its
possible acquisition by the City.
Prepared by: Jeff Mathieu, Director of Resource Management
Bob Moncrief, Housing & Redevelopment Manager
Tad Read, Housing Coordinator